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Pam’s Place Hostel *** Price Drop***

Business for Sale
COOKTOWN QLD

The Cooktown Motel, known as Pam’s Place Hostel, is a great accommodation provider in the heart of town. They offer great value for money with a range of accommodation options 4 self-contained room

Price Asking Price $1,200,000

Pam’s Place Hostel *** Price Drop***

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
The Cooktown Motel, known as Pam’s Place Hostel, is a great accommodation provider in the heart of town. They offer great value for money with a range of accommodation options

4 self-contained rooms
8 motel rooms
18 budget rooms
1 donga

The property has great positioning right on the corner of Cooktowns main street. It is situated at the southern end of Cooktown's main street, offering a saltwater swimming pool and a BBQ area surrounded by tropical gardens.

Strengths and Opportunities

Well established

Great corner block

Property is located within 500 metres of the CBD

Fantastic investment property

Great return on investment – 11.45%

Perfect investment for a couple

No additional staff requirements

Easy to run business

Steady profits year on year

Opportunity for further growth with local area marketing activity and increasing online presence

For full details on this business contact:

Pruthesh - 07 40336944

pruthesh.patel@finnbusinesssales.com.au

Contact Seller

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Contact: Pruthesh Patel
Mobile: 0400 335 212

Bsale ID: 160141
Agent ID: 4016101




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